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Currency Strategy

The Practitioner's Guide to Currency Investing, Hedging and Forecasting

by Callum Henderson

Currency Strategy
Publisher: John Wiley & Sons, Inc.
Pub. Date: 2002
ISBN: 9780470846841
No. pages: 234

Category: Finance
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In this summary you will learn

  • the essentials of currency risk management

Why you should read Currency Strategy

In 1971, President Richard Nixon ended the convertibility of the dollar into gold and thereby scotched the mechanism of international agreements and regulations that had governed the world monetary system since the end of World War II. Over the ensuing decades, the once-stable global monetary environment became an exciting, volatile new source of risk and opportunity. Manufacturers saw their fortunes rise and fall as currency shifts favored them or, alternatively, their competitors overseas. Financial institutions discovered new opportunities and dangers in fast-moving currency markets. getAbstract.com recommends this book for its detailed and generally clear, albeit often tedious, introduction to the tools, techniques and strategies readers may use to manage risk or speculate in the world’s biggest financial arena - the unregulated international currency market.

About the Author

Callum Henderson heads Emerging EMEA Strategy for a leading U.S. investment bank based in London. He was formerly part of the Citibank FX Strategy team and Manager of FX Analysis in Asia for Standard & Poors. He has written three previous books about Asian economics, including Asia Falling, Asian Dawn and China on the Brink.

Rating    (what is this?)

Overall rating 6  (6)
Applicability rating 7  (7)
Innovation rating 7  (7)
Style rating 5  (5)

Level of Expertise    (what is this?)

Level rating 6  (6)

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